I've only been recently using the Bittrex website to (attempt) to buy and sell AltCoins.
I'm not even trading with a large account.
For the fun of it, I'm attempting to turn what adds up to around $100 worth of Bitcoin, into a respectable amount... somehow.
One coin I looked at was DopeCoin. The reason this one interested me was the very low price.
If a $0.02 Dopecoin became worth $0.04, I would have double my holding's worth!
But when I look at the price chart I wonder what caused the huge price rise around the 19th July, and why it's going nowhere now.
Would love to hear your comments and thoughts, and tips on trading crypto!
It was a pump. All the MJ coins that day got a pump as I remember. POT, DOPE, THC, and a few more. Only one with a decent roadmap is POT.
Hi. I just looked at the POT chart and see the same spike there too. I wasn't familiar with the term pump, so I Google it. I know exactly what you mean now. Cheers @furionmatt